Financial planning + control = improved self esteem and happiness

85% of those with high self-esteem feel in control of their finances. Nearly half are happy about their financial situation.

In contrast, 70% of those suffering from poor self esteem, don’t feel in control of their finances. Consequently, no one in this group feels happy about their financial situation

Aviva, Feel-Good Insight Study

This study by Aviva made interesting reading for us. The research shows a strong link between financial behaviour, self esteem and happiness and proves that those who have a financial plan in place and are in control of their finances are happier overall.

It also suggests that money can’t buy happiness as the link between money and self esteem is not related to salary, employment status or age.